City
Epaper

China aims to exert influence on Afghan mining sector via investments

By ANI | Published: April 28, 2024 11:58 AM

Kabul [Afghanistan], April 28 : Ever since the Taliban seized power in Afghanistan, China has kept its aim sharp ...

Open in App

Kabul [Afghanistan], April 28 : Ever since the Taliban seized power in Afghanistan, China has kept its aim sharp at the country's mining sector through its investment initiatives, thus ensuring an influence on it, reported Khaama Press.

Beijing, has notably, focused on the country's vast mineral deposits since the Taliban gained control of Afghanistan.

The Taliban ambassador to China, in a meeting with the Minister of Mines and Petroleum of the group, stated that China desires further investment in Afghanistan's mines.

According to the Ministry of Mines and Petroleum's social media platform X, the Taliban's ambassador to China, Bilal Karimi, and Shahabuddin Delawar, the Minister of Mines and Petroleum of this group, met on Saturday, April 27. Bilal Karimi pledged to spare no effort in attracting Chinese investors.

Chinese companies have expressed a keen interest in exerting influence through economic and mining investments, spanning sectors such as oil, copper, and even lithium, reported Khaama Press.

Their eagerness to invest in Afghanistan's mineral wealth underscores their strategic interest in its resources.

Last year, China made a substantial proposal to Afghanistan's Ministry of Mines and Petroleum, offering to invest a significant sum of 10 billion dollars in a quest to deepen its presence in Afghanistan's resource-rich landscape of the nation.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

CricketLegends Intercontinental T-20 League unveiled in presence of Lee, Dilshan, Swann, Patel

BusinessExperience Hassle-free Travel Abroad; Apply for a Forex Card on Bajaj Markets

NationalEid al-Adha 2024: Goat Weighing 161 Kg Sold for Rs 7.5 Lakh at Auction in Bhopal Ahead of Bakrid; Watch Video

EntertainmentPratik Gandhi battles corruption over land dispute in ‘Dedh Bigha Zameen’ trailer

NationalJD-U takes a jibe at Tejashwi Yadav over mid air cake-cutting in helicopter

International Realted Stories

InternationalTough times ahead for Sharif govt as Oppn plans grand alliance, long marches to Islamabad

InternationalUnited States: Three Indian Students Killed in Devastating Road Accident, 2 Injured

InternationalTaiwan retaliates: Expels China's Coast Guard vessels near Matsu, Kinmen

InternationalIsraeli Forces Destroy Rafah Tunnel Shafts, Rafah Tunnel Launchers

InternationalCab driver detained in Bangladesh MP death case